I HAVE BUILT A HOUSE IN THE PLOT OWNED BY MY MOTHER, MY MOTHER AND ME ARE THE CO APPLICANTS FOR THE HOME LOAN TAKEN FOR CONSTRUCTION.
I HAVE BEEN PAYING REGULAR EMI FOR THE HOUSE FROM MY ACCOUNT AS I AM INTO JOB THUS I AM CHARGEABLE UNDER INCOME FROM SALARIES.
CAN I CLAIM THESE EMI PAID FOR THE HOME LOAN , AS RENT TO MY MOTHER FOR INCOME TAX PURPOSE , AS THE PROPERTY BELONGS TO HER AND SHE CAN CLAIM 80C DEDUCTION FOR HOUSING LOAN. I DONT WANT TO CLAIM 80C DEDUCTION FOR THE SAME.